Desk · Exploration · Mixed basket
CSE:AREE · CMTNF · OTCQB
Automata Rare Earth
Formerly Cullinan Metals (copper, graphite, lithium). April 2026 optioned Oculus (Labrador REE) and Burnt Pond (Newfoundland VMS). June rebrand to Automata Rare Earth / CSE:AREE. The ticker did the work a resource has not.
Stalled
Pulse Timeline
Isoelectric line is the baseline Pulse. Spike height is catalyst strength. Wide gaps or a flat line = stalled progress / life support.
- 1) 04-24 Beat
- 2) 06-10 Listing
- 3) 08-14 Drill
- 4) 12-01 Listing
- 5) 12-01 Beat
Lead II · 25 mm/s · Pulse 10 mm/mV · snapshot 2026-08-22
Life support
Isoelectric. No material beat in the window. A listing is not vitality.
- Last beat
- 73d
- Beats / 90d
- 2
- Recent gap
- 65d
3 beats in 180d
- — Last material beat 73d ago — Name change to Automata Rare Earth; CSE ticker AREE.
- — Next: Oculus confirmation / first holes (101d).
- — Recent gap 65d between prints.
Trading
- Last
- C$0.180
- 1d
- +2.6%
- Mkt cap
- $1.4M
- Volume
- 1k
- 52-week
- thin tape — last C$0.18 on ~1k shares
- 1m
- —
- 3m
- —
- 1y
- —
Shares 10.4m basic · 19m FD · snapshot, not a live tape
Company & people
HQ
Vancouver, BC
Focus
Mixed basket · Hard rock
CEO Christopher Huggins
- Christopher Huggins, CEO (appointed May 2026)
- Aleem Fidai, Director
- Simon Tso, CFO & Director
Name-and-ticker swap, not a recap. No consolidation with the June rebrand. Optionor can take up to 19.99% on earn-in issuances.
Mine / project
Flagship
Oculus REE (Labrador) — option; Burnt Pond VMS (NL) is copper
Location
Central Labrador (~2,550 ha); Burnt Pond, Newfoundland (~975 ha) · Canada (NL / Labrador)
Deposit
Alkaline / Letitia Lake–Red Wine suite (Oculus); VMS (Burnt Pond)
Resource
No MRE. No holes at Oculus. Historical surface chips to 5.67% and 4.55% TREO; nine samples >1% TREO. HREO in those >1% chips ranges 3–41%, averages ~11% — not an HREE deposit. Partridge River is a 1977 thorium showing; REE assays start in 2010–11 assessment reports. Burnt Pond is Noranda-era VMS (Cu-Zn-Pb-Ag), not rare earths.
NdPr / MagREO
Website markets NdPr/Dy/Tb for defense and robotics. The rocks have not been drilled. Do not score MagREO on a grab.
Radioactivity
Moderate — typical monazite / carbonatite
No basket. TREO in a grab sample is not payable, and it is not a multiple.
Capital, loans, grants & support
Earn-in: C$675k cash + C$700k spend + up to 5.25m shares over three years; 2% NSR (1% buyback C$1m/project). CSE reserved 8.6m against 10.4m out. Treasury vs the option is the tell.
The Pulse
The clearest REE rebrand on the tape. April option on Oculus. June name-and-ticker swap to Automata / AREE. August drill-permit filing is Burnt Pond — copper VMS, not rare earths. Oculus is still historical chips in a Th district. Classic OTC theme adoption. Kept so the CMTNF grab does not fool the desk.
CSE:AREE + OTCQB:CMTNF + FSE:7K0. ~10.4m out, ~19m FD, last C$0.18 / ~US$0.13. Some US feeds still print Pink. There is no Nasdaq path. A $4 bid is a reverse-split fantasy on a 1k-share tape.
Next: 1 Dec 2026 — Oculus confirmation sampling / first holes — not Burnt Pond copper metres
Nasdaq path
Home listing is not Nasdaq. Bid price, registration, and a real asset gate are.
- 01 · DoneCSE listing10 Jun 2026
Primary listing flipped CMT → AREE on 10 June 2026 with the name change. No consolidation.
- 02 · LiveOTCQB (CMTNF)
Company still prints OTCQB:CMTNF. Some US feeds show Pink. Last ~US$0.13 on a 1k-share tape. Treat the US market as a leftover ticker, not a path.
- 03 · GapDTC eligibility
Do not assume DTC on a name this thin. A failed ticket is the tell.
- 04 · GapUS holder tape
The CMTNF grab is why this is on watchlists. Holders bought a rebrand, not a resource.
- 05 · NextOculus confirmation / first holes1 Dec 2026
Historical chips to 5.67% TREO, no drilling. Burnt Pond permits are copper VMS. Pulse is Oculus metres, not a Newfoundland zinc hole.
- 06 · GapSEC registration
No 20-F / 40-F. A Labrador option does not get Exchange Act registered.
- 07 · GapNasdaq $4 bid
AREE C$0.18 / CMTNF ~US$0.13. ~30× below. Reverse-split math on 10.4m shares is how this category dies.
- 08 · GapNasdaq application
Not a path. This is the desk’s labeled example of REE ticker-adoption. Do not uplist a grab sample.
Catalysts
- 24 Apr 2026Optioned Oculus REE + Burnt Pond VMS other
- 10 Jun 2026Name change to Automata Rare Earth; CSE ticker AREE listing
- 14 Aug 2026Burnt Pond drill-permit application (103 holes, copper VMS) drill
Journal
Desk note
Stays on this device. Not the press release.
Pulse = Catalyst proximity + government/strategic support + Nasdaq-path / listing signals + valuation & execution + stage progress. Method
